On Development of China in 30 Years

This topic comes from a lunch talk days ago with a visiting scholar from China and a colleague in our department, who is quite ignored on the Chinese issues. Though under most conditions, the discussions about China that covers the riskiness of the banking system, unfairness of educational resources, the bribery among the official servants and governmental departments, can easily reach a consistent conclusion, this time we are facing dispersion. Such dispersion, however, can mean the ignorance of knowledge on fundamental theories of accounting and finance, the reality of Chinese society, and, of course, so-called ‘face’ that is widely seen in Chinese cultures (面子:笔者注). To avoid some unnecessary troubles, this article only summarizes the viewpoint of mine.... Read More

Government Intervene: A Case from Wenzhou

这几天的新闻似乎层出不穷。晚上睡觉前翻看Kindle上订阅的卫报总是看到Liam童鞋因为外交中说不清道不明的关系而被穷追猛打,而希腊的经济危机和国家破产似乎也已经成了定局,昔日的淘宝因为政策的修改而被搅的天翻地覆。更有甚者,温州的老板们因为民间借贷而卷铺盖蒸发。一下子所有的民间借贷和银行款项都成了变相注资。总而言之,最近的世界似乎真的很不太平。... Read More

Government Versus Public: Friends or Enemies?

如果说赖昌星的回国和郭美美的漂亮车车还不足以吸引大家的眼球的话,温州高铁的事故可以说是让大家接触了一次真正的爱的教育。或许大多数人不会认可1959年的“自然灾害”是人祸;或许没有受过教育的大众并不能理解“希望工程”为什么并没有改变他们子女没有接受教育的命运;或许我们也还在怀念赖老哥为了平抑中国的油价所作出的卓越贡献,这次的事故和铁道部的操蛋应对却让我们深深地震撼了。... Read More